Tuesday, 9 November 2010

Shurely shome mishtake?

When the Institute for Agricultural Market Studies (IKAR), a Russian based consultancy business recently commented on the 2010/11 Russian grain balance they stated the figures should be treated with caution because “there is no reliable way of checking real grain stocks on farms and along the post-farming industries and in previous years farms were inclined to over-estimate production figures.”

I might be mishtaken but I think the same could be true of Ukraine statistics.